Market Summary

Hanover, Anne Arundel County, MD

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Median Home Price Price

$527,432 $527.4K

Median Monthly Rent Rent

$2,821 $2.8K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Anne Arundel County

Region Price Rent GRM Display
$502,307 $2,379 18.0x
$599,820 $2,871 17.0x
$383,888 $2,078 15.0x
$461,996 $2,634 15.0x
$415,212 $2,893 12.0x
$446,282 $2,465 15.0x
$504,685 $3,212 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MD outside of Anne Arundel County

Home prices

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Monthly rent

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GRM

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Similar markets outside of MD

Region Price Rent GRM Display
$660,586 $2,662 21.0x
$647,817 $2,997 18.0x
$779,344 $2,710 24.0x
$550,262 $2,610 18.0x
$314,211 $1,368 19.0x
$541,299 $2,688 17.0x
$312,671 $1,543 17.0x
$814,871 $2,692 25.0x
$552,686 $2,605 18.0x
$197,527 $1,285 13.0x
$761,621 $2,638 24.0x
$831,243 $2,783 25.0x
$300,879 $1,431 18.0x
$762,160 $3,036 21.0x
$316,836 $1,479 18.0x
$280,604 $1,255 19.0x
$238,651 $1,387 14.0x
$535,158 $2,785 16.0x
$1,806,693 $3,100 49.0x

Home prices

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Monthly rent

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GRM

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Hanover

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Trend Insights

Median Rent in Hanover, MD is $2,821, with MoM change +$18 and YoY change +$84 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hanover, MD.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Hanover, MD
Compare market Select a market
Delta vs base
Median rent
$2,821
N/A
Median price
$527,432
N/A
YoY change
+$84
N/A
Price-to-rent
15.6x
Data unavailable
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